How to Build Regulatory Reform and Regulatory Systems

  • Frank Frick
Part of the International Studies in Entrepreneurship book series (ISEN, volume 20)


Regulation matters! It organizes markets and societies and is therefore a cornerstone of freedom and welfare. But regulation may also cause problems, unnecessary burdens, unintended side-effects and costs. The aim of this chapter is to give evidence that – and how – regulatory systems can be built to become more effective than most of them are today. With a heuristic approach, this chapter is looking for successful measures and trying to identify patterns.

Based on three principles, (i) a robust, responsible and flexible architecture, (ii) the necessary perspective of the beholder (here: business) and (iii) a target-oriented strategy, a regulatory system should be built on evidence-based solutions, acceptance within the businesses by consultation, the monitoring and steering of the regulatory process, independent scrutiny and legitimacy and a political program to make the cross cutting issue powerful.


Impact Assessment Policy Process Regulatory Quality Good Regulation Regulatory Reform 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


  1. Jacobzone, S., C. Choi, and C. Miguet: Indicators of Regulatory Management Systems – OECD Working Paper, September 2007.Google Scholar
  2. Radelli, C. M., De Francesco, Fabrizio: Regulatory quality in Europe. Concepts, Measures and Policy Processes. Manchester, New York, 2007.Google Scholar

Copyright information

© Springer Science+Business Media, LLC 2009

Authors and Affiliations

  1. 1.Bertelsmann StiftungGüterslohGermany

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